By JESSICA DaMASSA, WTF Wellness
What Massive factor is Avaneer Wellbeing developing with its $50 million SEED spherical backed by not-just-investors-but-also-partners CVS Wellness, Aetna, Anthem, Cleveland Clinic, HCSC, PNC Lender, Sentara Health care and IBM Watson Wellbeing? CEO Stuart Hanson stops by to obvious-up the mystery that IS Avaneer Health, and how the enormous data exchange platform it is making is meant to connect the facts coming out of the biggest payers and biggest suppliers in health care, specifically and in true-time.
Hold on – is this the blockchain-based mostly knowledge exchange health care has been talking about for much more than a 10 years?? It positive is hoping to be. And what Stuart claims is distinct about Avaneer’s energy is, in truth, the actuality that it is backed by some of the major brand names in the enterprise and that they see the enterprise scenario in staying ready to much more effectively share their info with a single another. As he clarifies it, “this challenge of info interoperability and info fluidity is even bigger than any aggressive business enterprise product that they will need to stress about…”
Stuart is thorough to demonstrate what Avaneer IS and what it IS NOT, and this is essential to the company’s growth strategies and profits design. Avaneer is NOT a data intermediary it is not about aggregating facts, normalizing it, de-pinpointing it, or implementing any extravagant equipment understanding algorithms to it to provide “insights” on it. Avaneer is strictly a platform for safe, compliant information trade, so, for example, Anthem can connect to Cleveland Clinic in real-time and confirm insurance plan protection. The profits product is currently designed close to accessibility to the community and will a person-working day-before long also choose in fees from ‘Solutions Innovators’ (aka knowledge-aggregating, algorithm-loving, insights-dropping wellbeing tech organizations) that will supply their providers as increase-on’s to Avaneer’s clients who are plugged into the community.
What is in advance for this stealthy commence-up as it scales? Could they Seriously be seeking to raise a stick to-on seed round?? Obtain out what form of traders they are searching for and what is ahead on their product or service roadmap in this in-depth chat.